25
Mar
Posted by Emvertex

SINGAPORE - Smaller declines in private road transport and accommodation costs caused headline or overall inflation to go up slightly to 0.5 per cent year on year in February, up from 0.4 per cent in the previous month, data released on Monday (March 25) showed. Core inflation - which strips out private transport and accommodation costs - showed a reverse picture and came in a tad lower at 1.5 per cent last month, down from 1.7 per cent in January.…

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12
Mar
Posted by Emvertex

Global asset management (DWS) said on March 11 that the yuan will still fall against the dollar this year as China's economy has not yet stabilized, and it expects the yuan to remain at 7 yuan to the dollar for a year.   March 11, according to Reuters news, DWS (former deutsche asset management) Asia Pacific investment director Sean Taylor has said at the press conference: "the recent relatively strong, due to the vision will have more capital market cycle…

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11
Mar
Posted by Emvertex

There were 100 new bond listings which raised $42.87b. The Singapore Exchange recorded an 8% MoM increase in its securities daily average value (SDAV) to $1.06b in February, hitting its six-month high. However, it was still down 39% compared to the figures in February 2018. The bourse’s total securities market turnover fell 12% MoM and 42% YoY to $19.1b over 18 trading days. The market turnover value of Exchange Traded Funds (ETFs) also crashed 52% MoM and 70% YoY to…

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15
Feb
Posted by Emvertex

Philip Lane, the governor of the Central Bank of Ireland, has received support from the finance ministers of the eurozone to become the new chief economist of the European Central Bank. Lane was the only candidate that was proposed for the job and his position will be confirmed by the leaders of the European Union at a meeting that is scheduled to be held next month. Lane is 49 years old. He will be taking the place of Peter Praet,…

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11
Feb
Posted by Emvertex

Singapore's straits times index closed down 2.5 per cent today, with benchmark cities such as CIT and Oxley both down more than 16 per cent and China group down more than 10 per cent.In recent months, combined sales of apartments by developers have sent the overall market soaring again, prompting repeated warnings from Singapore officials about the potential for a return of soaring prices. Property prices in Singapore have been rising for more than a decade, and the environment here…

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30
Jan
Posted by Emvertex

PRICES of completed private apartments and condominiums in Singapore edged up in December by 0.1 per cent from the previous month. This is the first month-on-month price rise for such properties since August 2018, following a revised 0.5 per cent drop in November. The figures are flash estimates released on Monday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. December's uptick was driven by a 0.2…

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